Today I've tried to update iPhoto 9 to 9.2 in order to get iCloud support. Mac OS's build in "Software update" didn't show me any updates so I checked online if anyone else was experiencing the same problem.
Unfortunately no suggested answers fixed my problem. I even manually downloaded the update from Apple's website to no avail.
The manual update gave me an error that my iPhoto version was too old!?
Before doing a complete reinstall of iLife I figured out a possible reason the update wasn't showing up. I had previously copied my iLife applications into a folder called "iLife '11" to tidy things up.
As a last resort I moved all the apps inside that folder back into the main applications folder. I then again ran Software update and to my suprise it showed me all the updates updates for my iLife suite!
I never knew moving applications to sub folders inside the applications folder was such a 'bad' idea..